July 25, 2022

US State Regulator Warns About Crypto Interest-Bearing Accounts Amid Market Downturn – Regulation Bitcoin News

July 25, 2022 boss

The financial regulator of the U.S. state of Arizona has warned investors about crypto interest-bearing accounts. “Some companies may materially overstate the degree to which their collateral practices protect their ability to pay investors the stated return,” the regulator said. State Regulator Warns About Crypto Interest-Bearing Accounts The Arizona Corporation Commission issued an investor alert this week, warning about “digital asset financial services companies that offer interest-bearing crypto-asset accounts.” The regulator explained: “With crypto-interest accounts, customers lend crypto assets to the company and, in exchange, receive interest paid in crypto…

Bitcoin Drops Even as Wall Street's 'Fear Gauge' Indicates Calm Ahead of Fed Decision

July 25, 2022

The absence of typical pre-Fed anxiety indicates investors are anticipating slower rate increases in the coming months. However, some observers say the Fed may not be ready to cave in just yet. Source

XIDEN Blockchain Developer CryptoDATA Tech Announced as Official Title Sponsor of the MotoGP™ Austrian GP – Press release Bitcoin News

July 25, 2022 boss

press release PRESS RELEASE. CryptoDATA Tech was announced as the title sponsor of the Austrian Grand Prix in 2022, 2023, and 2024. CryptoDATA Tech will take top billing at the Red Bull Ring – Spielberg, which will be officially named the CryptoDATA Motorrad Grand Prix von Österreich, and will sponsor one of the most talented MotoGP™ riders, Jorge Martin. CryptoDATA, is a Romanian company that develops high-performance products and services with unique cybersecurity attributes applicable in various domains due to their integrated features based on blockchain technology and encryption with…

Barclays Expected to Invest 'Millions of Dollars' in Crypto Custody Firm Copper: Report

July 25, 2022

CryptoX – Cryptocurrency Analysis and News Portal U.K. bank Barclays is among the investors in cryptocurrency custody firm Copper’s $2 billion funding round, according to a report by Sky News. Source The post Barclays Expected to Invest 'Millions of Dollars' in Crypto Custody Firm Copper: Report appeared first on CryptoX. CryptoX Portal

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July 25, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ,BUY BITOIN NOW COINBASE NFT PLATFORM WILL CAUSE ALL OF CRYPTO TO 1 Effective Transactions with 3 Time Zones Having trouble finding the right time to enter the forex market? There is no need to worry and there is no need to be confused, because the forex market provides high flexibility to players and people who are busy. This flexibility is very beneficial for people who are busy in the morning, but want to enter and join the forex market. Unlike other…

Cryptocurrencies a ‘Good Alternative to Traditional Settlement Processes’ — Study – Featured Bitcoin News

July 25, 2022 boss

Cryptocurrencies can be a good alternative to conventional settlement processes because they are underpinned by blockchain technology which enables the instant finalization of transactions without the involvement of intermediaries, a new report has said. Some players in the cross-border money transfer industry perceive the blockchain and cryptocurrencies as technologies that can enhance remittance processes. Cryptocurrencies Eliminate Expensive Practices for Remittance Providers Using cryptocurrencies for the settlement of transactions can be a useful “alternative to traditional settlement processes,” the latest report by the International Association of Money Transfer Networks (IAMTN) has…

Barclays Expected to Invest 'Millions of Dollars' in Copper's Funding Round: Report

July 25, 2022

U.K. bank Barclays is among the investors in cryptocurrency custody firm Copper’s $2 billion funding round, according to a report by Sky News. Source

Barclays Expected to Invest "Millions of Dollars" in Crypto Custody Firm Copper's $2B Round: Report

July 25, 2022

U.K. bank Barclays is among the investors in cryptocurrency custody firm Copper’s $2 billion funding round, according to a report by Sky News. Source

Thai SEC launches digital hotline for Zipmex users

July 25, 2022 boss

In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities and Exchange Commission (SEC) is taking action to collect all necessary information from investors on how they have been affected by issues on Zipmex. The regulator officially announced on July 25 that Zipmex customers can submit information via an online forum on the Thai SEC’s official website. The SEC has received a number of complaints from people affected by Zipmex after the…

Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps

July 25, 2022 boss

Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer applications. As part of the initiative, the trio launched Keet, an encrypted application capable of facilitating real-time audio and video calls, text chat and file sharing. Partners aim to bestow control over data while breaking technology monopolies with Holepunch, according to the announcement. Tether and Bitfinex funded the development of the Holepunch platform. Paolo Ardoino, the chief technology officer…